Musk Informs His Staff At Tesla That He Must Approve All Future Hirings

Elon Musk Tweets, Over $500M Investment in Supercharger Network

Elon Musk informed his Tesla staff in an email on Monday, May 15, that new hires could only be made if he approved them. 

Musk Turns His Focus On Tesla

After selecting Linda Yaccarino as the next CEO of Twitter, Elon Musk decided to invest more time in running Tesla. True to his word, the business Mogul took his initial steps to tighten management on Monday.

Musk has stated that new employees, including contractors, may only be hired if he approves them. Reports claim that Musk instructed executives to “think carefully” before submitting any recruiting requests and instructed them to bring him a list of recommendations every week.

Since taking over as CEO in 2008, Musk has been frequently engaged in new hiring and budget decisions at Tesla.

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Tesla will conduct its annual shareholder meeting in Austin, Texas, on Tuesday. Stakeholders must determine whether to accept new and old board members, including the inclusion of ex-Tesla technology leader JB Straubel.

Musk’s Twitter Takeover Affects Tesla

Musk’s fortune is vastly linked to Tesla shares. The businessman contributed to the company’s early funding and eventually came to own the most significant portion of the automaker. 

Martin Eberhard and Marc Tarpenning established the Tesla Motors electric vehicle manufacturer in July 2003. Musk became the company’s largest stakeholder in 2004 after contributing a massive USD 6.5 million.

As per CNBC, Musk has stirred up controversy ever since he sold shares of Tesla worth billions of dollars to finance his acquisition of Twitter.

After taking over Twitter in October 2022, much of his focus has been diverted, and advancements at Twitter have received more attention than those at Tesla. 

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About Pragna Chakraborty 252 Articles
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